29 Aug 2022

New vehicle sales in China surged by almost 30% in July with sales of more than 2.4 million vehicles, reports Leatherbiz.

 

Geely Preface

 

The China Association of Automobile Manufacturers (CAAM) said customer demand was boosted by government incentives to support the industry, and a recovery in production, amid easing of covid restrictions.

 

Sales of new-energy vehicles reached 564,000 units in July, giving a total of almost 3 million for the year so far and there are projections of a total of 6 million units for the full year, which would represent more than double the figure for 2021.

About APLF

We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.

 

We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.

 

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